Where can the RCBC System be implemented?
Cities / Counties
The Market For Garbage to Electricity
The market for transforming garbage to energy is driven by the dual need to eliminate garbage and to generate energy. In individual countries either of these may be the driving reason. Unlike the United States or Canada, most other countries do not have vast reserves of coal, natural gas and oil to power traditional electric power generating plants. Many countries must import fuel (typically coal or oil) to produce electricity. Electric rates are substantially higher than what is experience in Canada or the U.S. At the same time, growing populations are generating more and more garbage, causing increased health problems and increased governmental cost of garbage collection, transportation and landfill management.
Governments across the globe are supportive of waste-to-energy solutions. Within the last three years most countries across the globe have devised structures to implement waste-to-energy projects, typically either Public-private cooperatives or concessions to private companies.
One challenge to implementing WTE has been the high capital cost of proposed systems. The value of the energy produced simply has not enabled a payback on the capital required. Thus, governments have been required to subsidize the systems. While this may have been possible in past economic times of plenty, not so today. Unlike other proposed methods, the RCBC System’s significantly lower capital cost enables a sufficient coverage ratio for the payment of loans related to the initial construction of the facilities.
The Program Economics of building and operating an RCBC facility are substantial. Communities avoid the costs and risks of landfills, electric power can be produced to compliment the electrical grid or supply high-use private companies, and sustainable jobs are created to increase the economy and stability of the local community. At the same time, the facility owner can generate profits sufficient to pay back loans and provide a strong return to investors or government sponsors.